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obateru007:
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sweetgala:


Good analysis, it would seem the essential constitutional work required for this action had been undertaken by the Yar'adua and GEJ governments who like in many other cases did not have the guts or will power to see it to an end.

As far as i know there is no legislative backing for this action which is a flagrant disregard of our constituition as it is now.This is one of the issues the proposed/frustrated PIB bill was about.
Its very funny and annoying at the same time how you jumped into the conclusion that GEJ/Yardua had no balls to see this through the unbundling of NNPC.......as in the case of BVN/TSA which GEJ created and tried to instituitionalize in the shortest frame of time.Nigeria is a somewhat complex Nation and very monumental changes have to come after extensive dialogue.
Buhari's unilateral style will do him no good.......he did it by joining the Islamic coalition and he is doing it again.....he needs to exercise caution in his dealings whether or not he has Nigeria's good interest at heart.

THAT'S a 2015 Mercedes benz S-CLASS...............Frugal government my A**.......buhari chose to procure this car to replace Jonathan's 2008-2010 s-class.......y not a Peoguet 508?change my foot

handie:
Excellent comment.... There really are misplaced priorities... Industries would've been soo much better. As for the beautification of Uyo, pls visit the interiors and life out there is somefin else... Was once in d city and after marvelling at how beautiful d city is, I had cause tto visit nwaniba(inside uyo) and it was a far cry from d beauty I saw in strategic places. Governance should be about increasing d lot of d populace not going on some fancy jumbo projects the common man won't benefit from... What's the percentage of akwa ibomites that can afford a ticket to that stadium... Nor is governance about giving of luxury cars to artistes... All in all, Obong Godswill Akpabio tried.... Though to me, his priorities were rather misplaced

Because it is Chinese that will chauffeur hotel buses, abi Indonesians that will work in these hotels......or maybe its aliens that will be exposed to world class hotel management which will set a benchmark in hospitality abi?How are his priorities misplaced ejoh?The hospitals that are already employing and will employ more health personnels?Abi the roads that will ease logistics and reduce the average cost of doing business in the state?In case you dont know an MOU has been signed with a Chinese company by Nsik motors to assemble buses in the state; all of which will ride on the immensely enhanced transportation framework (which inspite of all that has been done more needs to be done). Have you heard of Seven energy that supplies gas to power plants in Crossriver and recently in Aba with intentions to expand to other plants in the region??If you wanna hate pls do such with a more style

mazeltov:
Truth be told, our leaders are massively shortsighted in governance, and i am sure that only a chronic village person whose brain has suffered severe setback or those who are narrow minded would praise this project, in a country like nigeria, we only judge politicians based on capital projects, how could a governor waste so much money in building hotel when the people are living below per capita income but we nigerians just like celebrating mediocre. Of what economic importance is that hotel to the people of the state, how will it suck up unemployment in the state, can it contain up to 2000 people in terms of employment, for how long can it attract foreign ivestor,

Mr Economics, today because of maybe how nice the hotel is or whatever reason, this news prompted the moderator to move this to the front page for free. As we are discussing Akwa-Ibom is riding on an enthusiastically fueled organic publicity, which am sure is driving curiosity.This state has secured a massive tourism market during the yuletide periods, the goal is to extend this tourism drive to other times of an annual calender. Naturally people feel inclined to invest in say Lagos or Abuja; i cant say same for Akwa-Ibom, hence the need for government to invest in these types of equities because hotels are needed to sustain a viable tourism drive.............like Dubai. But another part of the picture you may not see is the silent drive to sustain health and sports tourism.

slimgeez:
I live in uyo and the only thing close to the computer generated graphics shown here is a long forgotten and abandon project site. Unfortunately I don't av a true picture of it because it is an ugly sight. We build hotels cenima and well decorated football pitch here as hospitals and schools are of lesser priority.

Bloody Liar

Haters dont worry if this remarkable progress makes your heart boil........not like i wish bad for any of you but am sure this hospital will put smiles on your face when you save money ought to be spent going to India for medical procedures.Quality healtcare is now here on Nigerian soil.......if you are doctor feel free to apply and get trained by the already hired expatriates specialists.
If you think this project is a sham feel free to show us proof!

nwaanambra1:


pls just shut up ur gutter before flies invade it.

Could your crude and derogatory response be as a result of your inability to constructively express your low life self?I guess so.......

the new management of PAN you see today is as a result of the Jonathan led intervention.Grants were given to both PAN (with management reshuffled) and Innoson.Jonathan single-handedly revived PAN which became almost moribund under the Obasanjo led government.Its only sensible businesses align with the government soon to be in power......but never let it skip your mind that those guys visiting Buhari are relevant today cos of the combined efforts of Fg through NAC.

Modular power stations are very welcome for industry clusters as proposed already by NERC, but this decentralized system isnt sustainable for domestic use/applications because of the unit cost of generating power per KW. Akwa-Ibom for instance has what it takes to power the state because it can afford it; i cant say same for Ebonyi or Imo states. What Buhari should do is continue the current approach and encourage more clusters where government can offer incentives (like free-land or lower tax) to serve as some form of subsidy for the relatively higher unit cost of electricity from modular facilities.
I may be wrong but i feel the current system is in line with how we control resources in Nigeria or how revenue from oil gotten from the Niger-delta region is shared across the states of the federation. If power generation is decentralized then we need to consider regional resource control.

Immune1:
By Akan Inyang

As a nation we have been through a lot of internal conflicts and international criticisms, but inspite of these seemingly insurmountable upset Nigeria still prevails as single growing nation. Unfortunately the major drivers of politics today are ethnicity and religion as opposed to competence and integrity; these are the reasons why we are stuck with the kind of leaders we have. But in the end every nation has its story and today this is the Nigerian story.
Goodluck Ebele Jonathan is one of our realities and today he is our president. Beyond what majority of Nigerians or international communities may feel about this person or his government, I strongly believe that in these times Nigeria needed and still needs a president like him. Kindly exercise a little patience to read further and uncover some of my reasons; most of which are not conventional I must say.

His personality has encouraged Nigerians to truly embrace ‘freedom of speech’: Jonathan’s calm and humble personality allows well placed and even ordinary Nigerians voice their opinions in more ways than we have ever witnessed in the Nigerian history. This has set an irreversible trend that no president after him can suppress or reverse by any form of intimidation. More than we have ever witnessed today, common Nigerians now have a very audible voice which has been amplified by the social media and deeply entrenched freedom of press Nigeria enjoys today.

His story is phenomenal and gives hope to the average Nigerian man: we all know the Goodluck ‘no shoes’ story; his humble beginnings and how he dramatically rose to the seat of the president of Nigeria by staying humble with a clear sense of purpose and unbridled ambition. Many say it’s just mere ‘Goodluck’ but his rise and rise has been a combination of ‘hardwork and smartwork’ behind the scenes; you simply can’t take that away from this man.

Patience Jonathan is a strong reminder that Nigerian women can be successful by simply being ‘real’ and sticking with a good man: clearly this woman is a reminder to all young women that for you to be the wife of a successful man you don’t have to be sophisticated- based on western standards. All you have to do is be the best you can be; be Nigerian and be yourself! You all will agree with me today that our Nigerian women hold very highly skewed validations and impossible standards which so far is depleting our culture and our true sense of belonging which stands the risk of being passed on to the next generation. On another note, you need to watch her Okrika campaigns/community engagements (in pidgin and her local dialect) for you to appreciate her funny, witty, bold and audacious side which most definitely compliments her husband.

The Jonathan story drives home the fact that there is nothing like a ‘born leader’: leadership is a continuous learning process where you learn from mistakes, get better and better. Just as Goodluck Jonathan has gotten better in making decisions, bolder in making speeches and more assertive than he was back in 2010. The truth is you can never become a great leader in one day; it’s a hard-biting process.

Jonathan is a patient man trying to inculcate the ‘patience virtue’ in Nigerians: For you to appreciate the Jonathan transformation you need a patient mind as the Nigerian problem today is a summation of many short-term solutions to appease the normal ‘quick gratification cravings’ of an average Nigerian. If we embraced long-term solutions (in areas like power, transportation, automotive industry, capitalist-driven job creation, monetary policies etc.) in the past, we definitely won’t be where we are today. Simply put, Jonathan isn’t doing things that pleases the eyes of an average Nigerian, neither is he doing most of what we want; rather he is focusing on our real needs which are sustainable in the long-term and in the near future eg, the re-construction of the Benin-Ore/ Abuja-Lokoja roads took time to build, but today these are the best quality of roads ever built in Nigeria-I repeat-best quality of roads ever in Nigeria- also the revived railway system after 28years of rot will ensure that these roads lasts even longer.

Am I saying he is the best Nigeria has to offer? A big NO!

My motivation to pen down a few of my observations is because Buhari is not the ‘change messiah’ many have tagged him as; rather Jonathan is a confirmed progressive transformer Nigeria needs today.
Clearly he needs your support, but always remember that whether or not you offer your individual support, it won’t stop progress, true democracy and moving forward from the old ways because there a many Nigerians that share the same thoughts like me!

I see no reason why this shouldnt make front page.

snakie86:


Am still on the topic and never deviate cos they are all go in d same way. How will government reduce taxes to zero when oil prices is falling? Remember we have been running on deficit budget even when oil was selling 4 $110pb and revenue generation tru tax levies.

Now, oil price is declining which will definitely be shortfall in revenue generated from oil proceed. The other aspect of fiscal policy is efficient tax collection to finance the budget..........its a simple logic. Instead of your proposal to reduce tax to zero, tax will be increase to finance budget

You make it sound like there is no connection between increased local productivity and increased revenue from taxationMore local manufacturing leads to more companies and hence more revenue from taxation
.When job creation potential increases government can conveniently shed its agencies and salaries........which overtime translates to lower recurrent expenditure and possibility of higher capital expenditure laced with a stronger GDP per capita.

snakie86:


Nice economic postulation.......................

But can this work for a country that is 80% import dependent

What have we done in the past years for infrastructural development to enable local production of goods and services?

Organization producing here in Nigeria import their raw materials for production.......do u know what effect this will have on the price of commodity?

Is it until we start buying tin of peak milk for N250? cos it will still get there if care is not taken with the way we are going......................

Do u know DSTV just increased their subscription fee? Why?.............................They pay for licence in $ and collect Naira from us, this means that they are paying more now cos of our devalued naira.

The same thing will happen to multinational companies that buy raw materials abroad with dollars as means of exchange, cost of production will be high and this will affect price of goods and services.


Systematic depreciation of currency is good cos it will improve patronage of locally produced goods and services but not in a situation we find ourselves now which was due to lack of foresightness by our leaders.................

They thought the raining days will be forever, no adequate planning...........................................


Cant just stop thinking about what will happen if things continue like this.....................................................It will be disastrous

Nice observation but this is exactly where a smart central government comes into play to help these local manufacturers offset the currency plunge by eliminating import tariffs or creating favourable policies and strategic tax regimes pending when the raw materials can be sourced locally. The GEJ is already doing it with the automotive industry which i belong to.So please dont panic;this devaluation of the Naira coupled with the hightened investments in power generation/distributions is the best possible that can happen to Nigeria.Impatience and poor investment attitudes of those with the big bucks is why we are where we are.

giantstrides:
OP, the question you should ask yourself is that ' is our production capacity as high as the chinese' do we have local products which can serve as substitutes? We don't produce electronics, ceramic tiles, phones, our food production can't meet our demand, even our crude is imported bck in it's refined form because we hv no functioning refineries. so how is the exchange rate a blessing since we hv to pay expensive dollars for all this trades.

You are underestimating the money in the hands of Nigerians and the fact that a capitalist driven economy isnt piloted by the government,niether does government sustain it on the long run. Op is right,the more essential commodities that can be sourced locally the more jobs we have in Nigeria.Imports will soon become less of essential commodities and majorly luxury products.

iHaveDecided:
Those who really care about the future of our dear nation will indeed be worried on our over-reliance on crude oil for our national earnings. It is really disappointing that a nation like ours which is blessed with so much land mass, fertile soil, favorable climate, absence of natural disasters and all whatnot has been unable to harness the opportunities in the agricultural sector.

The outgoing administration has said so much about the agricultural sector but not so much has been done. Those with a discerning mind will understand that it has been more talk and less work. The government of Muhammadu Buhari and Prof. Yemi Osinbajo has promised to bring agriculture back to life. This will in turn help boost the economy through creation of jobs. The incoming government of GMB plans to:

• Modernize the agricultural sector by helping self-subsistence farmers to become medium/large scale farmers
• Pump in adequate funds to the sector so as to help create more agro allied jobs.
• Give out loans to farmers at nominal interest rates for capital investment on medium and commercial scale cash crops.
• Ensure farming becomes an all year round business through a well coordinated integrative irrigation of existing dams and the creation of more dams which will help collect and save over-flooding water nationwide.
• Make sure that our agricultural institutes which are currently in a state of comatose are revived.
• Have veterinary practices nationwide reviewed and then strengthened.
• Guarantee a minimum price for all cash crops and help build and improve storage facilities for agricultural products so that there will be no shortage of food crops all year round.

Enumerated above are some of the brilliant plans which will be executed to help resuscitate our dear agricultural sector which has been in dire need of an awakening. We cannot keep doing thing the same way and keep expecting different results.

CALL TO ACTION
1. Imagine what will become of our dear nation if our oil wells suddenly dry up and we have no contingency plans in place.
2. Take a moment to ponder on the innumerable opportunities which Nigerians will enjoy from a vibrant agricultural sector.
It’s time to stop complaining and grumbling. Rise up, pick your PVC and vote in the right team come March 28th, 2015. Change is inevitable this time around.

Which of these is GEJ not doing?You talk about loans on nominal interest rates when majority of these farmers are of the informal sector, hence unbanked. And for your information GEJ government has built more dams than any single government in the past and food cultivation during dry season has never been this good in Nigeria in a while now. Funny thing is i am more inclined to the auto-industry and i know this little; if a real agriculture specialist reads this your post, the reply will rip your post to shreds.

because Lagos residents a totally blind and deaf abi This isnt working in Lagos and hasnt worked for the past 8years of Fashola........so what possible guarantees do we have?

mightycrown1:
[size=18pt] WE CONTINUE SPENDING HUGE AMOUNT OF MONEY TO LEARN THIS IMPORTED LANGUAGE, YET WE NEVER LEARNED. IS IT ONE MILLION MATCH4BUHARI OR ONE MILLION MATCHWITHBUHARI? IF THE FORMER WHILE ARE SOME CRYING THAT BUHARI IS NOT PRESENT[/size]

What chemical did they use to BRAINWASH you

WHERE IS BUHARI

APC just shot themselves on the foot!!!

Begining to believe this man is really ill.

Not trying to start an ethnic crises here but OKOTA,AJAH,AJAO are a few known Ibo-dominated communities in Lagos; so any form of neglect or disservice by this APC led Lagos government should not surprise you .

great......hope its structured based to real Nigerian SMEs requirements

South-South clearly taking the heat to keep this nation moving

medamillion:

See question. Visit www.google.com for quick response, as for me #IhaveDecided

You suggested i am a Fayose nah

Mynd44:
Biko Haram
Chibok girls security is our collective responsibility
Electricity is he a magician or havent you been following the news ?
Institutional corruption not a GEJ propagated issue
Foreign policy Am sure Buhari did better??
Infrastructure keep exposing your ignorance
Road network you clearly havent left your sorry comfort zone
Ethno-Religious politics do you know a thing about Nigerian politics in general?
Religiously bigoted Vice-President. what has he done?
No freedom of the press You can't be serious
Interfering in the politics of states Are you kidding me?
Annoying economic policies

like?

medamillion:
Another Fayose on the loose

I have a name clearly stated; what is your name?

By Akan Inyang
• Voting for Buhari is a blatant admission that for over 30years Nigeria hasn’t groomed or is incapable of grooming a leader capable of leading us in these modern democratic times.

• Some Yorubas/core South-Westerners in Nigeria are crying over about 5years of a ‘so-called’ non-inclusion in the GEJ government, but what about the South-South region whose oil contributes more than 80% of revenue(from oil) to the Federal government that have been alienated from power for over 40years!!! APC is playing the ethnicity card yet pretends this is a contest that is wholly about competence/integrity as opposed to religion/ethnicity which Nigeria has always been plagued with.


• The ex-military dictators are ganging-up due to common interest; OBJ wants to teach ‘a bloody civilian’ by the name GEJ a political lesson, while IBB is simply playing safe-like the maradona he will always be. In the midst of all these drama it’s unfortunate that seemingly clueless ‘bloody civilians’ are busy cheering on for change??!?!!Clearly we haven’t shaken-off the military dictatorship-inspired mental slavery-what a shame! We should at least burrow a leaf from Indonesia.

• 73 years old Buhari is simply power drunk with questionable integrity and little verifiable leadership traits; I guess this has something to do with the military genes of the old order. OBJ tried to extend his tenure, the same way Buhari forcefully truncated a new/struggling democracy. It’s very ironic that Buhari took up an office under a once junior officer’s government (Abacha) yet turned down chances to help the GEJ government curb Bokoharam in the nation’s interest.


• We are talking about austerity measures but our lawmakers (PDP/APC) are not even attempting to reduce their salaries/allowances; neither do they want to allow Local government autonomy (because they are mostly loyal to state governors or are nursing governorship ambitions). In the same manner they have been stalling the GEJ promoted Petroleum Industrial Bill. These are the people we should channel this new found change-aggression to instead of one man trying his best to make Nigeria work. I am not suggesting we go the Burkina-Faso way; but we sure can learn crucial lessons from these our African brothers/sisters.

• I can spill my guts now on Nairaland thanks to GEJ’s government truly liberal democratic rule. Whether you admit it or not he has been running a significantly more transparent government than any other government we have had; this has led to uncovering of a lot of lootings that have been perpetuated from way-back- in subsidy, pensions, government ministries etc. We know a lot of all these now because of the current government-not because Nigerians all of a sudden got better at stealing or being corrupt.


• Truthfully we have bigger problems in Nigeria where we have lots of Nigerians clamouring to give birth to their children in US or UK for easy access to these countries or other countries of the world when these children grow up When this happens the folks that can truly pay for quality education and health transfer their monies to other economies-yet we still expect a miracle to happen 15years down the line in our Nigerian education and health sector

• Nigeria’s economy has been growing at a fair pace partly because of massive foreign direct investments (FDI) propelled by mostly Chinese, Indians and Lebanese- while truly wealthy Nigerians are busy buying flashy cars and building houses they don’t need.
Nigerians truly need to wake up!!!
I applaud GEJ’s approach in the power sector privatization by selling these companies to Nigerians who can decide to have foreign technical partners and still retain majority stakes in these critical investments in Nigeria.

• APC say that GEJ’s achievement in railway is insignificant yet Fashola broke the Lagos state bank to ensure the CMS-Badagry railway is functional- who is fooling who?

• With CNN’s validation of Nigeria’s projected economy growth more FDIs are coming and if you ask me, the plummeting Naira and increasing power sector investments is a perfect recipe for Nigeria’s economic boom. This is the time for Nigerians to step up and build up business value-chains less reliant on importation.


• Nigeria is on the rise and we need a truly progressive government; I am convinced for now GEJ is the better evil- better than an unclear change messiah.

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